Polestar Meets 2022 Global Sales Target

Polestar 3
Polestar 3

The Swedish electric performance car brand Polestar report that they delivered approximately 21,000 vehicles in the fourth quarter of 2022, which takes the preliminary estimate for the full year global car sales to 51,500, an increase of 80 per cent year-on-year.

This year, Polestar expects global sales volumes to increase by almost 60 per cent to approximately 80,000 cars, which they anticipate will be led by strong Polestar 2 sales. Then later in the year the first deliveries of Polestar 3 will take place, helping to increase sales volumes.

Polestar CEO, Thomas Ingenlath, says:

“I’m proud of the many milestones we achieved in 2022 and in particular the massive team effort that went into delivering our strongest quarter to date – surpassing our 50,000 global volumes target for the year. We are now fully focused on 2023. There will be the usual quarterly variations, but I’m confident that we will continue to actively manage our supply chain to meet the growing demand for Polestar 2, commence first deliveries of Polestar 3 and launch Polestar 4.”

Polestar is planning to post its unaudited preliminary estimated financial results for the year ended 31st December 2022 on 2nd March.

These unaudited preliminary estimates are based on Polestar management’s current best estimates and have not been audited by the company’s independent registered public accounting firm, Deloitte AB. The audited financial statements for 2022 will be included in the Annual Report that Polestar expects to file at the end of April 2023.

Author Bio:

Simon Burrell is Editor of Our Man Behind The Wheel, a professional photographer and former saloon car racing driver.

Photograph courtesy of Polestar

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